Janus Henderson Group PLC decreased its holdings in shares of ANNALY Cap Mgmt/SH (NYSE:NLY) by 39.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,809,714 shares of the real estate investment trust’s stock after selling 4,497,419 shares during the quarter. Janus Henderson Group PLC’s holdings in ANNALY Cap Mgmt/SH were worth $70,073,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in NLY. Rhumbline Advisers grew its holdings in shares of ANNALY Cap Mgmt/SH by 4.9% in the first quarter. Rhumbline Advisers now owns 1,567,186 shares of the real estate investment trust’s stock valued at $16,346,000 after purchasing an additional 73,303 shares during the period. Comerica Bank grew its holdings in shares of ANNALY Cap Mgmt/SH by 13.8% in the first quarter. Comerica Bank now owns 119,101 shares of the real estate investment trust’s stock valued at $1,221,000 after purchasing an additional 14,456 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of ANNALY Cap Mgmt/SH by 3.1% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,923,678 shares of the real estate investment trust’s stock valued at $40,924,000 after purchasing an additional 117,260 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of ANNALY Cap Mgmt/SH by 6.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 245,062 shares of the real estate investment trust’s stock valued at $2,556,000 after purchasing an additional 15,429 shares during the period. Finally, Commerce Bank purchased a new stake in shares of ANNALY Cap Mgmt/SH in the first quarter valued at about $137,000. 53.48% of the stock is owned by institutional investors and hedge funds.
NYSE NLY opened at $10.54 on Thursday. ANNALY Cap Mgmt/SH has a 12 month low of $9.94 and a 12 month high of $12.58. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.02 and a current ratio of 0.02. The stock has a market capitalization of $12.39 billion, a price-to-earnings ratio of 8.78 and a beta of 0.08.
ANNALY Cap Mgmt/SH (NYSE:NLY) last posted its earnings results on Wednesday, August 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. ANNALY Cap Mgmt/SH had a net margin of 112.29% and a return on equity of 12.10%. The company had revenue of $334.11 million for the quarter, compared to analysts’ expectations of $330.95 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. analysts predict that ANNALY Cap Mgmt/SH will post 1.19 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 10th. Shareholders of record on Thursday, September 6th will be given a $0.2217 dividend. The ex-dividend date is Wednesday, September 5th. This represents a $0.89 dividend on an annualized basis and a yield of 8.42%. ANNALY Cap Mgmt/SH’s payout ratio is currently 98.36%.
NLY has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of ANNALY Cap Mgmt/SH from $10.00 to $10.50 and gave the company a “$10.45” rating in a research report on Monday, July 23rd. ValuEngine cut shares of ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. Finally, Zacks Investment Research cut shares of ANNALY Cap Mgmt/SH from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. ANNALY Cap Mgmt/SH presently has a consensus rating of “Hold” and an average price target of $10.83.
ANNALY Cap Mgmt/SH Company Profile
Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.
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